I was talking to a Russian gold miner yesterday, and asked him what he thought about the stability of the dollar. He said that there are no other options, because nobody trusts the Chinese.
Disrupting the Borg is expensive and time consuming!
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Well, that’s quickly changing: http://www.zerohedge.com/contributed/2013-10-17/apologist-assassination-americans-be-named-new-homeland-security-chief
The chinese themselves don’t trust their banks and their government.
That’s why cash is king in China.
Nice example for Americans to follow.
OT – Duke has something to say, pilgrim…
i love him, great guy, good movies, this is the first time seeing this. tells the truth even back then
Chinese are insqwootable
5 years ago, Spain was the country to follow, but now the entire EU looks like a cesspool of vermin.
The term “Go Green” looks more and more like the U.S.D.
If you want a store of value, buy land. Preferably an island. Ideally with distillery and a golf course.